Complaints about bad advice over the last six years have cost the sector nearly £1bn - the equivalent of £45,000 for every adviser in the UK, an investigation by Professional Adviser can reveal.
Since 2010 the Financial Services Compensation Scheme (FSCS) - body of last resort for investors with complaints against firms that have ceased trading - has paid out £989m to deal with claims linked...
50% chance of cut next month
New sector chosen over reorganisation
Additional financial support if condition is 'severe and life-changing'
‘Now is the time for a considered and measured approach'
The current economic model globally is broken